Post
Topic
Board Altcoin Discussion
Re: September 21. HUGE dump!
by
SarangWallet
on 20/09/2021, 23:05:08 UTC
The market seems to be bleeding now, Bitcoin is only down by 8% at the moment but major altcoins are down double digit.
https://coinmarketcap.com/

Will this be the start of the bear season?

We haven't witnessed a long and major dump this year yet, so seeing this might cause some panic especially on the altcoins holders as they are the ones who will significantly be affected since we know what would happen to altcoins if bitcoin struggles.

As per Binance exchange, the 24 hours low of bitcoin is $42500, so what's next?
https://www.binance.com/en/trade/BTC_USDT
I think this decline is only temporary, on this occasion we can hold it, this is the right time, it is estimated that by the end of next month all altcoins will surge again, so we use this opportunity as best we can, if USDT has gone up, it means that altcoins are in a downturn. I hope that until the beginning of next month it is still in decline.